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UEX Corp.

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Summary

Project:

West Bear

Deposit:West Bear
Location:Canada
Commodities:Cobalt-Nickel
Date:2/7/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:7-2-2019: UEX Corp. announces an Exploration/Drilling Update report for its West Bear deposit at the West Bear project. Drilling results incl. 50.0m @ 0.72% Co, 1.06% Ni from 24.0m. UEX Corporation (UEX:TSX) (“UEX” or the “Company”)is pleased to announce
Resources:(Resource, Inf.): 390Kt @ 0.37% Co, 0.22% Ni for 3172Klbs Co, 1928Klbs Ni contained
CP/QP:[Overall Report]: Roger Lemaitre, Trevor Perkins (Internal)
ABSTRACT:UEX Corporation (UEX:TSX) (“UEX” or the “Company”)is pleased to announce the first tranche of assay results from the winter drilling program on the Company’s 100% owned West Bear Property, located in the eastern Athabasca Basin of northern Saskatchewan. On January 9, 2019, UEX announced it had commenced a $4.25 million 17,000 m 110-160 drill hole program at West Bear with the objective of expanding the size of the West Bear Cobalt-Nickel Deposit (the “Deposit”) and extending cobalt mineralization along strike to the west. To date, the Company has completed 42 holes of this winter’s exploration program. Assay results have been received for the first five holes of the winter program. Cobalt mineralization was encountered in all five holes and the strike length of the West Bear Deposit has been increased from 250 m to 400 m (see Figure 1). The table below summarizes the assay results received to date.

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